614 W 34th St, Anderson, IN, 46013 | $205/mo Cash Flow

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614 W 34th St, Anderson, IN, 46013 | $205/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Anderson at 614 W 34th St, Anderson, IN, 46013 listed at $119,000 pairs $919/mo rent with a $582/mo payment to leave $205/mo cash flow. Total monthly income runs $919/mo, and annual cash flow reaches $2,461/yr on $39,449 cash to close. Return on cash invested measures 26.15% in year one, and rental yield registers 9.27% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 136.17% and total cumulative return in cash totals $53,717. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $919/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1951

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Looking for a smaller 2 bedroom home with a main level laundry room and a garage? This may be your home. Property is located close to shopping in Anderson. Home Features hardwood flooring throughout. Kitchen has lots of storage space. Updated Bathroom with Flooring and Vanity and stool. Large Laundry room that could be split for an office and laundry area. Gas Furnace and Central Air. Hooked to city water and city sewer. The one car garage and drive way are a great feature. There is a small covered front porch and a partial fenced in back yard. All appli stay. This home is being sold AS IS.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46013, Anderson, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,221 (100%)
Owner Occupied HU	5,628 (61.0%)
Renter Occupied HU	2,886 (31.3%)
Vacant Housing Units	707 ( 7.7%)
Median Home Value	$161,147
Average Home Value	$202,548